Scanship Holding ASA : New contracts for AWP on four (4) cruise vessels at a German yard

 | Source: Vow ASA Vow ASA

Lysaker, 02 July 2015: Scanship Holding ASA has through its subsidiary Scanship AS, been awarded contracts for delivery of Advanced Wastewater Purification (AWP) systems for four (4) mega sized cruise vessels at a German shipyard. The first vessel will enter service in 2018 followed by the second and third in 2019 and the fourth in 2020. Two of the vessels are subject to financing with cancellation clauses expiring August and December this year. The AWP systems will treat grey water and black water in accordance to IMO Marpol MEPC 227(64) including chapter 4.2 with phosphorous and nitrogen removal.

"The contracts confirm our market leading position in the cruise newbuilding space for AWP systems. Being the first in the industry with approval certificates Med-B and Med-F according to this new standard has really put us in the front when technology are being selected for these mega ships", says CEO Henrik Badin.

For further queries, please contact:

Henrik Badin - CEO
Scanship Holding ASA
Tel: +47 90 78 98 25
Email: henrik.badin@scanship.no


ABOUT SCANSHIP HOLDING ASA
Scanship is an industry leader in advanced technologies for processing waste and purifying water within the maritime industry. Owners of vessels operating our systems have the solutions to convert all waste and wastewater to inert materials, recyclables, clean flue gas and effluent, which meets the highest international discharge standards. Our new technologies will recover water and produce energy, providing tangible payback from the operations. We strive for the highest quality, innovative and sustainable solutions.
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.